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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 456 · 40 sums
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The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

NameDateTime takenScore ___ / 40
  1. 1.A fan costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹370. What is the profit (in ₹)?
  3. 3.What is the simple interest on ₹1500 at 3% per year for 1 year (in ₹)?
  4. 4.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  5. 5.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹2700. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹900 at 4% per year for 5 years (in ₹)?
  8. 8.What is 75% of 420?
  9. 9.What is the simple interest on ₹5700 at 6% per year for 1 year (in ₹)?
  10. 10.A cricket kit bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  11. 11.A shopkeeper buys a table for ₹1100 and sells it for ₹1310. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 3 years (in ₹)?
  13. 13.A cricket kit costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹3300 at 6% per year for 5 years (in ₹)?
  15. 15.A watch costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a watch for ₹2200 and sells it for ₹2120. What is the loss (in ₹)?
  17. 17.What is 65% of 660?
  18. 18.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹9900 at 5% per year for 4 years (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹650 and sells it for ₹640. What is the loss (in ₹)?
  21. 21.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
  22. 22.A fan costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.What is 15% of 420?
  24. 24.What is 5% of 660?
  25. 25.What is 20% of 300?
  26. 26.What is 40% of 980?
  27. 27.The price of a cricket ball changed from ₹20 to ₹2. What is the percentage decrease?
  28. 28.A cooler bought for ₹2800 is sold for ₹2660. What is the loss per cent?
  29. 29.What is 10% of 720?
  30. 30.A sewing machine bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  31. 31.A mobile phone bought for ₹3200 is sold for ₹2880. What is the loss per cent?
  32. 32.A watch costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.A sewing machine costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
  34. 34.A watch bought for ₹200 is sold for ₹160. What is the loss per cent?
  35. 35.A cooler costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
  36. 36.A sewing machine bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  37. 37.What is 80% of 680?
  38. 38.A sewing machine costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  39. 39.What is 30% of 180?
  40. 40.What is the amount (principal + simple interest) on ₹500 at 7% per year for 5 years (in ₹)?

Answer key

  1. 900
  2. 70
  3. 45
  4. 40
  5. 300
  6. 4368
  7. 1080
  8. 315
  9. 342
  10. 20
  11. 210
  12. 12768
  13. 1955
  14. 990
  15. 5850
  16. 80
  17. 429
  18. 60
  19. 1980
  20. 10
  21. 10
  22. 1500
  23. 63
  24. 33
  25. 60
  26. 392
  27. 90
  28. 5
  29. 72
  30. 5
  31. 10
  32. 1080
  33. 220
  34. 20
  35. 600
  36. 10
  37. 544
  38. 2816
  39. 54
  40. 675

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